Plan Ledger DOL Form 5500 · updated monthly

Smelter Holdings, Inc.401(k)

SMELTER SERVICE CORP 401(K) PROFIT SHARING PLAN · MT. PLEASANT, TN · plan year 2024

Reported admin expense ratio · 2024
1.03%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Smelter Holdings, Inc. reported $80,953 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,220 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (896th of 1,496), and 9,462nd of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,465,256
Participants with balances135
Active participants99
Employer contributions$318,806
Employee contributions$479,226
Employer contribution per active participant$3,220
Average account balance$62,706
Benefits paid to participants$652,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 135 accts · $319K emplr
2023$7.2M · 137 accts · $323K emplr
2022$5.8M · 135 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,953
Total administrative$80,953
The Smelter Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,220
Median for plans this size$1,313
2024$3,220 per active participant
2023$3,166 per active participant
2022$2,818 per active participant

Smelter Holdings, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$27,302

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$80,953 · 1.03%
2023$71,386 · 1.10%
2022$62,101 · 1.00%
All plans at this employer2
SMELTER SERVICE CORP 401(K) PROFIT SHARING PLAN401(k)
SMELTER SERVICE CORP EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Tennessee
Pandrol USA, LP TN$9.0M · 0.62%
Beene Holdings, Inc. TN$8.7M · 0.01%
Bristol Metals, LP TN$8.0M · 0.64%
Colonial Chemical, Inc. TN$8.0M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621033907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.